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Jan 31, 2013
01/13
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CNBC
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they raised cash knowing they might need that cash to pay much higher taxes, the taxes that a failed attempt to fix the cliff would produce. a huge amount of dough moved to the sidelines immediately. companies themselves accelerated dividend payouts, putting tens of billions of dollars into the hands of shareholders who had no idea what to do with the money other than sit on it. so we came into the new year and we were paralyzed. inventories lean, huge part of the country damaged by a storm, totally dysfunctional food fight animal house government, and we're brimming with cash everywhere, for the biggest rainy day of all, the day we jumped over the cliff. but then we don't do the cliff dive. and contra to stock seer bob dylan, the hard rain, it didn't fall. in fact, we didn't get that much. we didn't get dinged except for the rich, who are the most able to handle it. all right, yeah, i can make a big deal about payroll tax thing, that's no problem. nevertheless, it's a small fraction of what we really feared. stocks kept their favored status, including relatively low taxes on dividen
they raised cash knowing they might need that cash to pay much higher taxes, the taxes that a failed attempt to fix the cliff would produce. a huge amount of dough moved to the sidelines immediately. companies themselves accelerated dividend payouts, putting tens of billions of dollars into the hands of shareholders who had no idea what to do with the money other than sit on it. so we came into the new year and we were paralyzed. inventories lean, huge part of the country damaged by a storm,...
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Jan 30, 2013
01/13
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CNBC
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would the alternative minimum tax snare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay. retail sales weren't that bad. but they nose dived right at the end of the quarter. retailers were afraid to restock inventory figuring that spending would drop off the cliff right along with the nation's finances. it was all in all a very bad time for our nation. now, overlay the storm of the century for the northeast. one that shut down the wealthiest area of the country for several weeks and caused what ultimately may be $100 billion in damage. you had the physical shutdown from the storm neatly and miserably dovetailing with the mental shutdown cause
would the alternative minimum tax snare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay....
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Jan 24, 2013
01/13
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CNBC
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in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how it can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications with autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. and it means more businesses for the banks, the processed home loans and that group gets revalued upward. we use more copper, more wood, more fiber, aluminum, glass
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
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Jan 26, 2013
01/13
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CNBC
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we've raised taxes by $200 billion a year. the reason that u.s. stocks are up 5% after this horrible thing we've done to our selves that under norm circumstances would cause a recession is because we're in a global economy and every other major country in the world is doing the right thing while we're doing the wrong thing. that's propping us up. we're fine, we'll have a great year. these other countries doing things right, that aren't kicking the can down the road, they're going to have fabulous years. that's where you want to put your money, my friend. >> i was reporting in 2007 when we hit dow 14,000 and everyone got slammed on that. there's a hesitance at these levels. what's not getting talked about enough is the impact on consumer sentiment. if you go to any coffee shop, grocery store, anywhere in this country, people are looking at their 401(k), they feel better and i think that will translate into positive consumer spending, which filters into the whole economy. >> the retail investors is getting involved. the money flows are ramping up tr
we've raised taxes by $200 billion a year. the reason that u.s. stocks are up 5% after this horrible thing we've done to our selves that under norm circumstances would cause a recession is because we're in a global economy and every other major country in the world is doing the right thing while we're doing the wrong thing. that's propping us up. we're fine, we'll have a great year. these other countries doing things right, that aren't kicking the can down the road, they're going to have...
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Feb 1, 2013
02/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> it is time. it is time for the "lightning round" on cramer's "mad money." i tell you whether to buy or sell. when you hear that sound, the "lightning round" will be over. are you ready? it's time for the "lightning round" on cramer's "mad money." let's go to marco in florida. marco. >> caller: boo-yah!
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority...
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Jan 29, 2013
01/13
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one other thing, the tax rate was interesting on this. it looked a little higher than what they paid in the past. i think they paid 25%, 30% in the past. it was close to 45%, so, maybe on the call we'll get clarity on that. >> if amazon is doing better on the margins here, their cost of sales have gone up. but jeff has been investing in these fulfillment centers. their global story. people assume they are going to get their top line growth. if they are doing better on the margin, they are investing in their infrastructure. they will take the next global in the global retail earl that's in the traditional format. this is why you reward amazon, though i don't reward them from a stock purchase, because i don't chase stocks like this. this stock has boomed because it was down 8.5% going into the numbers. >> is this a hedge fund favorite, anthony? >> i think so. i think it's a retail favorite because jeff is now the cult of steve jobs. he's the risk taker, he's the innovat innovator, the great p.r. person. two articles, literally, in the same
one other thing, the tax rate was interesting on this. it looked a little higher than what they paid in the past. i think they paid 25%, 30% in the past. it was close to 45%, so, maybe on the call we'll get clarity on that. >> if amazon is doing better on the margins here, their cost of sales have gone up. but jeff has been investing in these fulfillment centers. their global story. people assume they are going to get their top line growth. if they are doing better on the margin, they are...
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Feb 1, 2013
02/13
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tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats have to recognize the best way to do it isn't raising marginal rates and underwriting an inefficient system. >> as someone who spent last week at davos and he said that he talked to a large number of european ceos who are eager about investing in the united states because of our projected suspensionly lower energy policy because of shell of course we're going to get out of our way and saying let them do it. but that's encouraging that they can think about moving plants here now. >> absolutely. i was at davos, too, and the most
tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats...
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Jan 29, 2013
01/13
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and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start our lead hit is about what the market thinks we're going to do with the fed. but this time, as you said, the results jumped out so starkly, so amazingly that we want to just give you those results of the deficit and spending questions that we asked. so let's take a look at the three questions on spending that we did here. and you can see, as joe said, the message to washington, from wall street to washington is solve the deficit now. we asked, do you think we should solve the deficit problem, not at all? do we have a couple years to do so or should we do
and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start...
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Feb 1, 2013
02/13
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no suggestion there was any motivation about the proposed 57% tax. >>> and we're just about two days away from one of the biggest sporting events in america. the super bowl. the baltimore ravens and the san francisco 49ers are battling it out. there will be plenty of auction off the field. brian shactman has been taking a look at the business of advertising ahead of the big game. >> everyone has their choice for what they consider a classic super bowl ad. whether you like contact, any use of the force, as well as inanment objects knowing how to get down. >> it's that kind of party. hit it. >> the super bowl is one part football, one part tailgate and one part cultural super bowl phenomenon dating back 30 years. >> when we all saw that 1984 xlushl for apple, i think that's when we really all started to loot a commercials in a different light for the super bowl. >> fast forward to 2013 and the ads are scrutinized as much as the game and the cost is enormous. mercedes benz made an eight-figure commitment and brought in super model kate upton to launch an entirely new line of cars. >> it
no suggestion there was any motivation about the proposed 57% tax. >>> and we're just about two days away from one of the biggest sporting events in america. the super bowl. the baltimore ravens and the san francisco 49ers are battling it out. there will be plenty of auction off the field. brian shactman has been taking a look at the business of advertising ahead of the big game. >> everyone has their choice for what they consider a classic super bowl ad. whether you like...
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Jan 27, 2013
01/13
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CNN
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we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 31, 2013
01/13
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CNN
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fascinating that is coming up later on. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> we will defend our people and our values with strength of law. >> we will defend our guns. to suggest that arm wrestling might be an alternative. >> welcome tom arnold. tom knows jokes. welcome back. >> it is good to be back. i tweeted you have a lot of supporters. i have never seen anything like it. >> you do a show about rednecks. and people have an issue with rednecks. >> rural people is what they say. >> i toured on america's got talent and went to many states that was full of people that disagree with me on this. i can respect people's views. you use guns and grew up around guns. >> yeah. we hunted and did that. that is what we did. it is part of our culture. >> you spend a lot of time with red necks. we'll use that. >> they love the term. >> where is the compromise? where do you see a sensible resolution. this is a left and right extrem
fascinating that is coming up later on. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> we will defend our people and our values with strength of law. >> we will defend our guns. to suggest that arm wrestling might be an alternative. >> welcome tom arnold. tom knows jokes. welcome back. >> it is good to be back. i tweeted you have a...
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Jan 31, 2013
01/13
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CNN
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eye 51
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] make your escape... twice as rewarding. earn double points or double miles on all your hotel stays through march thirty first. sign up now at hiltondouble.com. >>> we will defend our people and our values with strength of law. >> we will defend our guns. hold on to your guns, i'm being vague, to suggest that arm wrestling may be an alternative. >> welcome tom arnold. tom knows jokes. welcome back. >> it is good to be back. >> i tweeted i was coming on the show, you have a lot of supporters, oh my gosh, they are fired up. >> you do a show about rednecks. and people have an issue with rednecks. >> rural people is what they say. >> i toured on america's got talent and went to many states which was supposedly full of people who were supposed to disagree with me about this. i can totally respect people's views. here is where it is f
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] make your escape... twice as rewarding. earn double points or double miles on all your hotel stays through march thirty first. sign up now at hiltondouble.com. >>> we will defend our people and our values with strength of law. >> we will defend our guns. hold on to your guns, i'm being...
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Jan 27, 2013
01/13
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CNN
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when you think about reform, welfare reform, tax reform, it happened at the state level and local level. while we need to change the climate here in washington. at the same time, i can look around this table and say you won, first governor ever to win a recalled bid, a recalled call. and you are in a very conservative state, in a conservative spot. you are in a conservative state, so you all were kind of fine, and you still lost, republicans lost wisconsin, republicans lost virginia and republicans lost the latino vote. so there is a huge disconnect here, not just for you, but for voters. >> i would like the rest of the panel to say this as well. even in wisconsin, just like every democrat has since 1984, the same year i not only won a recall election by a higher percentage two years ago, we took the state senate back, you see that now about half the states in america have republican majorities, more than half have republican government no, sir. local leaders in our states and local governments, they're being relevant, they're being hospital mystic, they're being a courageous. >> why we
when you think about reform, welfare reform, tax reform, it happened at the state level and local level. while we need to change the climate here in washington. at the same time, i can look around this table and say you won, first governor ever to win a recalled bid, a recalled call. and you are in a very conservative state, in a conservative spot. you are in a conservative state, so you all were kind of fine, and you still lost, republicans lost wisconsin, republicans lost virginia and...
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Jan 27, 2013
01/13
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CNN
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next up, senator dianne feinstein. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >>> both sides of the gun debate played out yesterday in washington, d.c. thousands of demonstrators took to the national mall, demanding tougher gun control laws, including a ban on assault style rivf rifles and high capacity magazines, and outside atlanta, purchasers lined up outside a local gun show to stock up. senator dianne feinstein joins me now. boise week with hearings opening up. senator joe manchin, i want to open with what he said to us last sunday. >> on just gun s alone will not go anywhere. >> it has to be comprehensive. and that's what i told everybody, has to be a comprehensive approach. >> senator manchin sa
next up, senator dianne feinstein. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >>> both sides of the gun debate played out...
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Jan 28, 2013
01/13
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CNN
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we protected tax cuts for middle class. while republicans are allowing big korcorporations to outsourc jobs overseas, we protect small business necessary this country and protected investments in college education. so, you know, house republicans -- and now this new ryan budget he's talking about doubles down on what they tried to do last year. they're now saying they will accelerate and intensify cuts to medicare beneficiaries. instead of joining democrats for real reform by negotiating, volume discounts on prescription drugs, they want to continue to accelerate and intensify a budget on the backs of seniors. i think that's fundamentally wrong. we're going to fight that. >> so i'm going to -- i'd like you to predict something because paul ryan says we're headed for a sequestration, the series of steep federal cuts to the defense department and to other government programs. he says it's going to happen. is it? >> well, it shouldn't happen. again, we're willing to compromise. we have already supported $1 trillion in cut to t
we protected tax cuts for middle class. while republicans are allowing big korcorporations to outsourc jobs overseas, we protect small business necessary this country and protected investments in college education. so, you know, house republicans -- and now this new ryan budget he's talking about doubles down on what they tried to do last year. they're now saying they will accelerate and intensify cuts to medicare beneficiaries. instead of joining democrats for real reform by negotiating,...
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Jan 27, 2013
01/13
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so skin can replenish itself. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> welcome back, everyone. 21 minutes past the hour. president obama expects football to gradually become less violent. he tells "the new republic." i'm a big football fan, but i have to tell you, if i had a son, i would have to think long and hard before i let him play football. ." president obama is less worried about the nfl where players are grown men and are paid well and more worried about young men playing. >>> the super bowl is a big game. and aya nba dejo wants to talk about marriage equality and same-sex
so skin can replenish itself. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh!...
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Jan 30, 2013
01/13
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CNN
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details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. with fancy feast mornings livgourmet cat food.e. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetene
details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes...
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Jan 28, 2013
01/13
by
CNN
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> for those of you who aren't sports fans who don't recognize the graphics, this is a big week for super bowl. it's super bowl week. come sunday the baltimore ravens are going to go head to head with the san francisco 49ers. two brothers are coaching the teams. the winner of the game is going to lay claim to the lombardi troitro i trophy. right now baltimore fans are giving a sendoff to their ravens. there you go, some live pictures out of baltimore where it's cold. they are headed to the heat of new orleans where mark maccay joins us live. this must be a fun assignment for you, my friend. i don't know how you got this lucky ticket. it might be because you know a lot more about sports than i do. >> hey, we will update you, ashleigh. we will bring you up to speed. everybody can get involved in super bowl week. hello from, yes, warm, muggy new orleans, louisiana, where the ravens can s
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> for those of you who aren't sports fans who don't recognize the graphics, this is a big week for super bowl. it's super bowl week. come sunday the baltimore ravens are going to go head to head with the san francisco 49ers. two brothers are coaching the teams. the winner of the...
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Jan 29, 2013
01/13
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CNN
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also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached record levels of what they call removals, detentions and deportations of immigrants. take a look at year 2012, 409,849 detentions just to put it in perspective. similar to deporting each and everyone in cities like omaha, nebraska, oakland, california. let me also talk about somebody that a lot of people don't really know much about, and the reality is that according to the pew hispanic center the net migration from mexico to the united states has reached zero. between 200 aand 2010, 1.4 million immigrants arrived but 1.4 million or more left which again, talks about the fac
also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached...
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121
Jan 29, 2013
01/13
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CNN
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>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced that before obviously. so it was a great feeling. >> yeah, i bet. i bet. you from illinois as i mentioned. just outside of chicago. >> from wisconsin. milwaukee area. >> okay. milwaukee. you were a bulls fan, right? >> pretty much. pretty much. >> not anymore. >> have to cheer for your home team. they are the champs. i had no problem going there and doing the thing. >> this has gone viral. can you believe it? 100,000 views. pretty incredible, right. mike, congratulations. >> thank you. >> if you want, i'm available to take some of that money from you. >> mike, no.
>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced...
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Jan 24, 2013
01/13
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CNN
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eye 123
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they bought shares when they were lower and wanted to take a profit before the higher capital gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the finger off the panic button, let's not get too crazy just yet. >> that's wall street, isn't it? panic, panic panic, then don't. thanks so much, alison. >>> fighting words from house speaker john boehner he says president obama is out to annihilate the republican party. do you agree? that's our talk back question today. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ see it on february 3rd. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. y
they bought shares when they were lower and wanted to take a profit before the higher capital gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the...
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Jan 29, 2013
01/13
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some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state department. t.a.r.p. says the government has failed to rein in the excessive spending at aig, ally, and g.m. they took bailouts but ceos are getting hefty bonuses. kristi romero says "they continue to lack at an appreciation for their extraordinary situations and fuel to view themselves through the lenses of companies substantially owned by the u.s. government." executive pay is said to be more closely aligned for employees of similar rank in their industry. say a cfo at g.m. should be paid a similar amount to a cfo at chrysler. but surprise, romero says that hasn't happened. last y
some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state...
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Jan 30, 2013
01/13
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. until i got a job in the big apple. becoming a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor. he absolutely loved it. and i knew he was getting everything he needed to stay healthy indoors. and after a couple of weeks, i knew we were finally home! [ female announcer ] purina cat chow indoor. and for a delicious way to help maintain a healthy weight, try new purina cat chow healthy weight. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. until i got a job in the big apple. becoming a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor....
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and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job growth, all of those are lining up in favor of continued growth in the u.s. economy. wolf? >> christine, thank you. >>> president obama reportedly will be changing offices in the coming months, at least for a temporary period. the president will move out of the white house oval office into a replica across the street in the eisenhower executive office building. the current oval office was built during franklin roosevelt's term. it's due for a major, major renovation. >>> sad news from former president george w. bush and his wife laura, their 12-year-old dog has died. barney guarded the south lawn e
and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job...
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Jan 30, 2013
01/13
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i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully and enforce. -- not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about people who are subjected to a court order to outpatient mental health treatment. tens of millions are falling to the cracks and surely, we can agree that more needs to be done to and from -- enforce existing gun laws prevent gun prosecutions are down across the board. -- existing gun laws. the gun prosecutions are down across the board. mr. chairman, i hope we will have a follow-up hearing to ask administration witnesses to come before the panel and testify why agencies of government are not enforcing laws that congress has already passed. it is worth noting that five years ago,
i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully and enforce. -- not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we...
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Jan 27, 2013
01/13
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the senate voted to prevent tax hikes and 98% of americans. and made the lower tax hikes permanent. president obama got less revenue than the speaker offered in the first place. in short, there is no way we were going to get a better deal for the american tax payer. we wanted to keep tax hikes low for everybody. we wanted to cut spending. otherwise every single taxpayer would have paid higher taxes and our economy would have gotten into a nosedive. the decision was simple. if you think a bill needs to pass, you vote for it. many of my colleagues voted the other way. i respect their decision. prudence demands mutual understanding, especially among friends. my colleagues and i saw the same thing. we wanted a smaller, smarter government. we simply differed on the means. that is the difficulty of governing. it should not be a cause for division. our tactics will differ from issue to issue, but our strategy remains the same. in the next four years, opportunity will not come easily. we have to pay our bills and make sure we can pay our bills tomorrow. to do that, we need to cut spending a
the senate voted to prevent tax hikes and 98% of americans. and made the lower tax hikes permanent. president obama got less revenue than the speaker offered in the first place. in short, there is no way we were going to get a better deal for the american tax payer. we wanted to keep tax hikes low for everybody. we wanted to cut spending. otherwise every single taxpayer would have paid higher taxes and our economy would have gotten into a nosedive. the decision was simple. if you think a bill...
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Jan 30, 2013
01/13
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i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about people who are subjected to a court order to outpatient mental health treatment. tens of millions are falling to the cracks and surely, we can agree that more needs to be done to and from -- enforce existing gun laws. the gun prosecutions are down across the board. mr. chairman, i hope we will have a follow-up hearing to ask administration witnesses to come before the panel and testify why agencies of government are not enforcing laws that congress has already passed. it is worth noting that five years ago, congress was asking the same questions we are asking right now. in 2008, there was an at
i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about...
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Jan 27, 2013
01/13
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what are the prospects for moving from an income tax to a consumption tax in the future? >> i'm going to give you one minute and 27 seconds. >> that addresses these both. on life you are right. 55 billion souls have lost their lives to abortion. we do not know how many scientists, doctors, artists, athletes, how many great businessmen who might have started a business to deal with this transformation, have been lost. i salute you for being at the march for life on one of the coldest days of the year. i think we need to remain a party that celebrates every human life as a precious gift from god that should be protected from conception until natural death. [applause] >> i will give you a grand total of a minute on this final one. would you like to see a world power become eminent or would like to come home and switch republican if we could have that? >> somewhere in between is the truth of it. since world war ii we have been the preeminent voice for freedom, peace on the globe. that we must remain. we must remain unapologetically a voice for freedom and peace. when you thin
what are the prospects for moving from an income tax to a consumption tax in the future? >> i'm going to give you one minute and 27 seconds. >> that addresses these both. on life you are right. 55 billion souls have lost their lives to abortion. we do not know how many scientists, doctors, artists, athletes, how many great businessmen who might have started a business to deal with this transformation, have been lost. i salute you for being at the march for life on one of the coldest...
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Jan 26, 2013
01/13
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tax will go down. and our overall tax burden is down. the unemployment rate in our state is now at just over 6.5%. that is not done because i created more jobs. it is because we created an environment in which it was more advantageous, particularly for small business leaders, to make investments to lead to more jobs. that is the third truth out of that brown bag common sense. i think most people understand that. the best way to create jobs is to empower the people, particularly small businesses, to be in a position to do that. those are the things that are relevant to where people are at. those same pundits who say we should change our principles talk about certain voting blocks and segments out there. i think the message we talked about, as long as we talk about it in terms of relevance -- in terms that are relevant, as long as we go out to those places where those voters are at, i think that is one mistake that many republicans have made. we sit in places that are comfortable rather than going to com
tax will go down. and our overall tax burden is down. the unemployment rate in our state is now at just over 6.5%. that is not done because i created more jobs. it is because we created an environment in which it was more advantageous, particularly for small business leaders, to make investments to lead to more jobs. that is the third truth out of that brown bag common sense. i think most people understand that. the best way to create jobs is to empower the people, particularly small...
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Jan 28, 2013
01/13
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in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? that -- economic growth is the only solution, private sector economic growth is the only solution to refilling government coffers so that the money doesn't have to come directly from the taxpayer and reducing the debt and reducing the deficit under those conditions. now here's where it gets interesting, because the republican solutions to economic growth widely and understandably has been tax cuts. that is -- that is the policy that has been. now what if the republican solution is, i think the first person to lay out succinctly as anybody is a series of gover
in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through...
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Jan 27, 2013
01/13
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the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am pessimistic about our future at this point in time because we are pretty much being overtaken by tea partyism. the republican party could have taken over the senate if not for more -- richard burr doctor was able to run richard lugar it way from the senate. we had a democrat that was able to reach across the aisle and get things accomplished. the tea party do does seem to want to work anyway. it is their way or the highway. mike pence even caucused with the tea party with the united states house of representatives. i am
the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am...
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Jan 31, 2013
01/13
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by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this year, shall we? [applause] ultimately, the greatest asset that we have as you well know is demonstrated by the votes you have cast. maryland has built up one of the most highly skilled workforce of the country. better choices, better results. the reality is that too many of the new jobs being created in our economy go on field -- go unfulfilled. why? too many people lack the skills to fill them. your vote on a bill will allow us to partner with businesses to put more workers with the skills they need to go kill jobs that are in the highest demand. --
by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this...
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Jan 30, 2013
01/13
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the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a country's success is how low the top tax rate is. would you rather live in russia or sweden? i would take sweden. we can argue. if you like to have lower tax rates at the top, tell me which social programs you want to cut. there is no evidence in our history that tax rates at the level we have are a big problem for the economy. host: comment on twitter with a question. guest: right now they are small. it's not clear there are any negatives. barring more is a good thing -- borrowing more is a good thing. that will hurt future growth, keep people unemployed for a long time. they will never get started on
the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a...
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Feb 1, 2013
02/13
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that is not about taxes. it could become about taxes. we seem to have no new federal tax increases on the horizon. you never know how things will shake out. host: brian. new york says he is doing better and worse. tell us why. caller: the question reads, how are americans doing financially? my company, which is an oral -- auto repairs and auto parts, had a decrease in business and revenue in 2012. we have strong years and 2009, 011.0, and 2 when people keep their cars longer, we tend to be busy. looking at myself in 2012, we had some difficulties last year achieving the goals that we established for sales. however, it indicate that the economy is getting better. i have been in this business 35 years. that is consistent. a lot of our regular customers that were hanging onto their cars have bought new cars. if not new, at least one or two years old. that is a good indication that the economy is slowly coming back. guest: for small businesses they are often sole proprietorships or partnerships where the income directly goes to the person wh
that is not about taxes. it could become about taxes. we seem to have no new federal tax increases on the horizon. you never know how things will shake out. host: brian. new york says he is doing better and worse. tell us why. caller: the question reads, how are americans doing financially? my company, which is an oral -- auto repairs and auto parts, had a decrease in business and revenue in 2012. we have strong years and 2009, 011.0, and 2 when people keep their cars longer, we tend to be...